Ingentec Price To Earning vs. Revenue
| 4768 Stock | TWD 175.00 2.50 1.41% |
For Ingentec profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ingentec to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ingentec utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ingentec's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ingentec over time as well as its relative position and ranking within its peers.
Ingentec |
Ingentec Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ingentec's current stock value. Our valuation model uses many indicators to compare Ingentec value to that of its competitors to determine the firm's financial worth. Ingentec is number one stock in price to earning category among its peers. It also is the top company in revenue category among its peers totaling about 7,335,688 of Revenue per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ingentec's earnings, one of the primary drivers of an investment's value.Ingentec Revenue vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Ingentec |
| = | 110.40 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Ingentec |
| = | 809.86 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Ingentec Revenue vs Competition
Ingentec is the top company in revenue category among its peers. Market size based on revenue of Specialty Chemicals industry is presently estimated at about 108.2 Billion. Ingentec maintains roughly 809.86 Million in revenue contributing less than 1% to equities listed under Specialty Chemicals industry.
Ingentec Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ingentec, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ingentec will eventually generate negative long term returns. The profitability progress is the general direction of Ingentec's change in net profit over the period of time. It can combine multiple indicators of Ingentec, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Ingentec Corporation, together with its subsidiaries, engages in research, development, manufacture, and marketing of advanced materials to semiconductor industry in Taiwan and internationally. The company was founded in 2010 and is headquartered in Zhunan, Taiwan. INGENTEC CORPORATION operates under Specialty Chemicals classification in Taiwan and is traded on Taiwan OTC Exchange.
Ingentec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ingentec. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ingentec position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ingentec's important profitability drivers and their relationship over time.
Use Ingentec in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ingentec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ingentec will appreciate offsetting losses from the drop in the long position's value.Ingentec Pair Trading
Ingentec Pair Trading Analysis
The ability to find closely correlated positions to Ingentec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingentec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ingentec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ingentec to buy it.
The correlation of Ingentec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ingentec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingentec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ingentec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ingentec position
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Additional Tools for Ingentec Stock Analysis
When running Ingentec's price analysis, check to measure Ingentec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingentec is operating at the current time. Most of Ingentec's value examination focuses on studying past and present price action to predict the probability of Ingentec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingentec's price. Additionally, you may evaluate how the addition of Ingentec to your portfolios can decrease your overall portfolio volatility.